Feb. 18 at 8:18 PM
$CLPT squeezing higher today with no fresh news
Seeing a ~4.5% pop on the day and ~7.8% over five days
No big catalyst driving it
Looks like pure momentum here with no solid institutional backing
Options action is light
Just one buy of ~500 March 20
$20 calls, far OTM so nothing screaming conviction
Those calls are priced at ~119% implied volatility, premiums are high
If you're trading this, keep it tight
Risk-defined spreads might be the play instead of chasing lotto calls
Watch for sharp reversals in these kinds of moves
